Converting Paper Market: Global Industry Analysis and Forecast (2021-2027) Trends, Statistics, Dynamics, Segmentation by Product Type, Pulp Type, End-User, and Region.

Converting Paper Market was valued at US$ 367.2 Bn. in 2020. Global Converting Paper Market size is estimated to grow at a CAGR of 2.37%.

Converting Paper Market Overview:

Converting paper is a crucial stage of turning raw paper from mills across the globe, into a finished product like a book or magazine. Intermediate bulk containers, liners, sacks, and absorbents are all manufactured with the converting paper material. Converting paper is used for several purposes, including hygiene paper, writing paper, printing paper, and newsprint. The majority of paper is made from wood fibers known as pulp. In a process called webbing, this pulp is bubbled, colored, squeezed, flattened, and dried to produce a continuous sheet of paper. The paper is then rolled into a finished roll or reel of paper, which is then cut down to a size that can be used. This process of cutting rolls down is used in the paper converting process. Converting Paper Market To know about the Research Methodology :- Request Free Sample Report 2020 is considered as a base year to forecast the market from 2021 to 2027. 2020’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2027. 2020 is a year of exception and analyzed especially with the impact of lockdown by region.

Converting Paper Market Dynamics:

The use of converting paper for functions other than writing and printing is continuously increasing across the globe. For example, the sanitary and packaging industry is becoming the leading end-user in the converting paper market. The growing adoption of converting paper in industrial packaging is becoming more popular as it has low cost and long-term sustainability when compared to plastic, metal, and glass. The growing usage of converting paper material for the manufacture of intermediate bulk containers, sacks, absorbents, and liners has grown significantly, which is boosting the product demand across the globe. The growing demand for personal hygiene paper products across the globe is expected to uplift the converting paper market growth throughout the forecast period. Converting papers are generally used to make hygiene paper products including baby diapers, tissue paper, and others. For instance, in April 2021, Huanlong Group announced the start of an expansion project that will produce 50,000 tonnes of high-end tissue paper annually. Huanlong Group has been able to increase its yearly tissue paper and convert capacity beyond its previous capacity of 100,000 tonnes. Converting Paper MarketWith the growing consumer expectations for quality and the necessity for lightweight package formats, the e-commerce industry is adopting converting paper for shipment packaging. The penetration of E-Commerce in the retailing industry is rapidly increasing, leading to greater demand for effective packaging solutions, which is one of the most important factors influencing consumer preference. As a result, to ensure major market share, companies want to keep one step ahead of their competition, which in turn, they are expected to invest in superior packaging solutions. These factors are expected to boost the converting paper market growth throughout the forecast period. The growing adoption of digitalization is expected to lower the demand for printing and writing paper. For instance, Paper is being replaced by digital media and paperless communication, posing a major threat to the traditional market for newspaper and office paper. With the rise of the e-commerce industry and consumer preference for converting paper packaging formats, the market share of printing and writing paper is transferring to packaging paper. Digitalization is having a negative impact on the printing and writing paper markets, but it still has advantages for converting paper manufacturers and suppliers. Converting paper and packaging companies are using digital solutions to improve their customer service and manufacturing activities, ensuring better product quality, tracking information for shipping goods, and easy customer support.

Converting Paper Market Segment Analysis:

Based on the Product Type, the Converting Paper Market is segmented into Coated and Uncoated. The Coated segment held the largest market share, accounting for 67.4% in 2020. Coated converting paper gives improved physical properties such as dirt, tear, and wear resistance upon paper substrates, leading to higher adoption by converting paper manufacturers across the globe. The coated converting paper provides longer life span compared to uncoated converting paper, which is boosting the product demand. Converting Paper MarketBased on the End-User. The Converting Paper Market is segmented into Packaging & Wrapping, Food Service, Printing, and Consumer Goods. The Packaging & Wrapping segment held the largest market share, accounting for 41% in 2020. In the packaging industry, converting paper is used to make carton boards, corrugated board, and flexible paper. The growing packaging industry is driving the converting paper demand across the globe. For example, the Wisconsin Economic Development Corporation (WEDC) reported in 2019 that the Indian packaging industry provided significant business opportunities and accounted for about 4% of the global packaging industry. In addition, growing environmental awareness, leads to consumers and manufacturers are adopting paper packaging products, resulting in boosting the converting paper market growth.

Converting Paper Market Regional Insights:

Asia Pacific region held the largest market share accounted for 38.92% in 2020. The Converting Paper Market of the Asia Pacific region is showing northward direction growth, thanks to the growing demand for newsprint driven by rising population and growing literacy rates in the region. According to Credit Analysis & Research, an increase in the number of magazines and newspapers in India, along with rising circulation, is expected to enhance newsprint consumption to 2.7 million tonnes in 2019. As a result, a significant increase in demand for newsprint is expected to boost the converting paper market growth during the forecast period. Europe region is expected to witness significant growth at a CAGR of 2.31% during the forecast period. Over the forecast period. According to the Confederation of European Paper, the paper and board production remained constant in 2019 compared to the previous three years. In 2019, total paper production increased to 98.73 million tonnes, up from 92 million tonnes in 2018, thanks to the improvements to existing machines and a 1.3 million tonne increase in net capacity. The objective of the report is to present a comprehensive analysis of the global Converting Paper Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Converting Paper Market dynamic, structure by analyzing the market segments and projecting the Converting Paper Market size. Clear representation of competitive analysis of key players by Technology, price, financial position, product portfolio, growth strategies, and regional presence in the Converting Paper Market make the report investor’s guide.

Converting Paper Market Scope: Inquiry Before Buying

Converting Paper Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $ 367.2 Bn.
Forecast Period 2021 to 2027 CAGR: 2.37% Market Size in 2027: US $ 432.6 Bn.
Segments Covered: by Product Type • Coated • Uncoated
by Pulp Type • Mechanical Wood Pulp • Non-Wood Pulp • Chemical Wood Pulp • Semi-chemical Pulp • Recycled Pulp • Global Converting Paper
by End-User • Packaging & Wrapping • Food Service • Printing • Consumer Goods

Global Converting Paper Market by Region

• North America • Europe • Asia Pacific • Latin America • The Middle East and Africa

Global Converting Paper Market Key Players

Georgia-Pacific LLC • International Paper Company • UPM-Kymmene Oyj • Domtar Corporation • Verso Corporation • Burgo Group SPA • American Eagle Paper Mills • Catalyst Paper Corporation • Rolland Enterprises Inc. • Finch Paper LLC • Verso Corporation • BillerudKorsnäs AB, • Catalyst Paper Corporation • Alberta Newsprint Company Ltd. • Stora Enso Oyj • Canfor Corporation • Clearwater Paper Corporation • P.H. Glatfelter Co. • Mitsubishi Paper Mills Limited Frequently Asked Questions: 1] What segments are covered in the Converting Paper Market report? Ans. The segments covered in the Converting Paper Market report are based on Product Type, Pulp Type, and End-User. 2] Which region is expected to hold the highest share in the Converting Paper Market? Ans. The Asia Pacific region is expected to hold the highest share in the Converting Paper Market. 3] What is the market size of the Converting Paper Market by 2027? Ans. The market size of the Converting Paper Market by 2027 is US$ 432.6 Bn. 4] What is the forecast period for the Converting Paper Market? Ans. The forecast period for the Converting Paper Market is 2020-2027. 5] What was the market size of the Converting Paper Market in 2020? Ans. The market size of the Converting Paper Market in 2020 was US$ 367.2 Bn.
1. Global Converting Paper Market Size: Research Methodology 2. Global Converting Paper Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Converting Paper Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Converting Paper Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Global Converting Paper Market Size Segmentation 4.1. Global Converting Paper Market Size, by Product Type (2020-2027) • Coated • Uncoated 4.2. Global Converting Paper Market Size, by Pulp Type (2020-2027) • Mechanical Wood Pulp • Non-Wood Pulp • Chemical Wood Pulp • Semi-chemical Pulp • Recycled Pulp • Global Converting Paper 4.3. Global Converting Paper Market Size, by End-User (2020-2027) • Packaging & Wrapping • Food Service • Printing • Consumer Goods 5. North America Converting Paper Market (2020-2027) 5.1. Global Converting Paper Market Size, by Product Type (2020-2027) • Coated • Uncoated 5.2. Global Converting Paper Market Size, by Pulp Type (2020-2027) • Mechanical Wood Pulp • Non-Wood Pulp • Chemical Wood Pulp • Semi-chemical Pulp • Recycled Pulp • Global Converting Paper 5.3. Global Converting Paper Market Size, by End-User (2020-2027) • Packaging & Wrapping • Food Service • Printing • Consumer Goods 5.4. North America Converting Paper Market, by Country (2020-2027) • United States • Canada • Mexico 6. European Converting Paper Market (2020-2027) 6.1. European Converting Paper Market, by Product Type (2020-2027) 6.2. European Converting Paper Market, by Pulp Type (2020-2027) 6.3. European Converting Paper Market, by End-User (2020-2027) 6.4. European Converting Paper Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Converting Paper Market (2020-2027) 7.1. Asia Pacific Converting Paper Market, by Product Type (2020-2027) 7.2. Asia Pacific Converting Paper Market, by Pulp Type (2020-2027) 7.3. Asia Pacific Converting Paper Market, by End-User (2020-2027) 7.4. Asia Pacific Converting Paper Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. The Middle East and Africa Converting Paper Market (2020-2027) 8.1. The Middle East and Africa Converting Paper Market, by Product Type (2020-2027) 8.2. The Middle East and Africa Converting Paper Market, by Pulp Type (2020-2027) 8.3. The Middle East and Africa Converting Paper Market, by End-User (2020-2027) 8.4. The Middle East and Africa Converting Paper Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Converting Paper Market (2020-2027) 9.1. Latin America Converting Paper Market, by Product Type (2020-2027) 9.2. Latin America Converting Paper Market, by Pulp Type (2020-2027) 9.3. Latin America Converting Paper Market, by End-User (2020-2027) 9.4. Latin America Converting Paper Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. Georgia-Pacific LLC 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. International Paper Company 10.3. UPM-Kymmene Oyj 10.4. Domtar Corporation 10.5. Verso Corporation 10.6. Burgo Group SPA 10.7. American Eagle Paper Mills 10.8. Catalyst Paper Corporation 10.9. Rolland Enterprises Inc. 10.10. Finch Paper LLC 10.11. Verso Corporation 10.12. BillerudKorsnäs AB, 10.13. Catalyst Paper Corporation 10.14. Alberta Newsprint Company Ltd. 10.15. Stora Enso Oyj 10.16. Canfor Corporation 10.17. Clearwater Paper Corporation 10.18. P.H. Glatfelter Co. 10.19. Mitsubishi Paper Mills Limited

About This Report

Report ID 31431
Category Consumer Goods & Services
Published Date June 2019
Updated Date Jan 2022
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